PPP Loan information for Jai prabhu hotel, inc

$48,700

Jai prabhu hotel, inc was initially approved for PPP Loan of amount $48,700, the current approved amount is $48,700. The loan was approved on 04/14/2020 by The Customers Bank reported 19 jobs and $48,700 was used to fund payroll.

Jai prabhu hotel, inc is Existing or more than 2 years old

JAI PRABHU HOTEL, INC

Date Approved

04/14/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

JAI PRABHU HOTEL, INC

Borrower Address

2411 Commerce Road

Borrower City

Jacksonville

Borrower State

NC

Borrower Zip

28546

Loan Status Date

03/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

48700.00

Current Approval Amount

48700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121536

Servicing Lender Name

Customers Bank

Servicing Lender Address

40 General Warren Blvd

Servicing Lender City

Malvern

Servicing Lender State

PA

Servicing Lender Zip

19355

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Jacksonville

Project County Name

ONSLOW

Project State

NC

Project Zip

28546-0001

CD

NC-03

Jobs Reported

19

NAICS Code

453998

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

48700.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Sole Proprietorship

Originating Lender Location Id

499141

Originating Lender

Readycap Lending, LLC

Originating Lender City

BERKELEY HEIGHTS

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

49090.93

Forgiveness Date

02/25/2021

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